The US dollar has initially tried to rally during the trading session on Monday but found a bit of resistance at the 107.20 level. The market has more than enough support below to keep it afloat though,...
The US dollar initially tried to rally during the trading session on Monday, but then broke down through the 1.2750 level. The market looks likely to go down to the 1.27 level, an area that should be...
The British pound rallied significantly during the trading session on Monday but ran into a little bit of trouble at 1.4150 level. However, this is a minor area and I think that it’s unlikely to keep the...
The EUR/USD pair continues to be noisy, but Monday was positive. By struggling like we did, it looks like we may have to pull back short-term to build up the momentum to break above the 1.2350 level....
The Australian dollar has tried to rally during the trading session on Monday, but the 0.77 level has offered enough resistance to turn things over and fall towards the 0.7650 level. That’s an area that has been...
North and South Korean peace in the Horizon The Leaders of the North and South Korea will meet on April 27, 2018 for the first time since 2007 and hope for North and South Korean peace, the...
USDCAD extended its downside movement from 1.3124 to as low as 1.2731. Resistance is at 1.2810, as long as this level holds, the downside move could be expected to continue and next target would be at 1.2650...
USDJPY pulled back from 107.49 after breaking above 107.01 resistance. However, the fall is likely corrective consolidation for the uptrend from 105.65. Another rise would likely be seen after the consolidation and next target would be at...
AUDUSD moved sideways in a trading range between 0.7642 and 0.7726. The price action in the range is likely consolidation of the downtrend from 0.7916 and a breakdown below 0.7642 could trigger another fall towards 0.7600.
GBPUSD broke above 1.4096 resistance, suggesting that lengthier consolidation for the downtrend from 1.4244 is underway. Further rally is still possible and the target would be at 1.4150 area. However, as long as 1.4150 resistance holds, the...
